Symantec Reports Third Quarter Fiscal Year 2018 Results
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Symantec (SYMC) PT Lowered to $28 at Baird; Ratable Shift Outpaces Expectations
February 1, 2018 8:58 AM ESTBaird lowered its price target on Symantec (NASDAQ: SYMC) to $28.00 (from $32.00) while maintaining a Neutral rating.
Analyst Jayson Noland commented, "Symantec reported FQ3 revenue below expectations and lowered full-year guidance. Management cited a faster-than-expected mix shift to ratable revenue as the cause... More
Symantec (SYMC) PT Lowered to $28 at Susquehanna; 'Model in Transition'
February 1, 2018 6:29 AM ESTSusquehanna lowered its price target on Symantec (NASDAQ: SYMC) to $28.00 (from $32.00) while maintaining a Neutral rating.
Analyst Anne Meisner commented, "Symantec's model is in transition, and while the mix-shift to a more ratable, cloud-based business should be a longer-term positive for the... More
